Garuda Indonesia Persero Tbk (GIAA) — Tangible Net Worth Ratio
Garuda Indonesia Persero Tbk (GIAA) has a Tangible Net Worth Ratio of 99.9% as of March 2020. This metric is calculated by deducting intangible assets (Rp378.11K) from net assets (Rp500.81 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See GIAA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Garuda Indonesia Persero Tbk Tangible Net Worth Ratio (2004–2019)
This chart shows how Garuda Indonesia Persero Tbk's Tangible Net Worth Ratio has changed across 16 annual periods from 2004 to 2019. As of March 2020, the ratio stands at 99.9%, reflecting net assets of Rp500.81 Million with intangible assets of Rp378.11K IDR. See GIAA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Garuda Indonesia Persero Tbk (2004–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Garuda Indonesia Persero Tbk from 2004 to 2019, covering 16 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Garuda Indonesia Persero Tbk (GIAA) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (IDR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 99.9% | Rp720.62 Million | Rp738.39K | Rp4.46 Billion | ▲ +0.1 pp |
| 2018 | 99.8% | Rp910.19 Million | Rp1.48 Million | Rp4.37 Billion | ▲ +0.2 pp |
| 2017 | 99.6% | Rp937.47 Million | Rp3.42 Million | Rp3.76 Billion | ▲ +0.1 pp |
| 2016 | 99.5% | Rp1.01 Billion | Rp4.99 Million | Rp3.74 Billion | ▼ 0.0 pp |
| 2015 | 99.5% | Rp950.72 Million | Rp4.65 Million | Rp3.31 Billion | ▲ +0.2 pp |
| 2014 | 99.3% | Rp916.71 Million | Rp6.05 Million | Rp3.10 Billion | ▼ 0.0 pp |
| 2013 | 99.4% | Rp1.12 Billion | Rp6.82 Million | Rp2.95 Billion | ▲ +0.0 pp |
| 2012 | 99.4% | Rp1.11 Billion | Rp7.22 Million | Rp2.52 Billion | ▼ -1.7 pp |
| 2011 | 101.1% | Rp833.20 Million | Rp-8.77 Million | Rp1.99 Billion | ▲ +1.1 pp |
| 2010 | 100.0% | Rp380.60 Million | Rp0.00 | Rp1.50 Billion | ▲ +33.6 pp |
| 2009 | 66.4% | Rp341.75 Million | Rp114.84 Million | Rp1.57 Billion | ▲ +263.9 pp |
| 2008 | -197.5% | Rp27.32 Million | Rp81.27 Million | Rp1.18 Billion | ▼ -297.5 pp |
| 2007 | 100.0% | Rp194.88 Million | Rp0.00 | Rp1.05 Billion | ▲ +112.5 pp |
| 2006 | -12.5% | Rp83.49 Million | Rp93.94 Million | Rp898.81 Million | ▲ +84.2 pp |
| 2005 | -96.8% | Rp46.41 Million | Rp91.32 Million | Rp787.18 Million | ▼ -196.8 pp |
| 2004 | 100.0% | Rp1.21 Trillion | Rp0.00 | Rp8.26 Trillion | — |